Huang calls Israel ‘Nvidia’s 2nd home’, announces $1.5-bn AI campus
In a significant announcement, US chipmaker Nvidia has revealed plans to build a massive $1.5-billion AI data server farm in Israel. This investment is a testament to the country’s thriving tech industry and its growing importance in the global technology landscape. According to a report by the Times of Israel, the construction of the AI campus is expected to begin by 2027 and is slated for completion by 2031.
Nvidia’s CEO, Jensen Huang, expressed his enthusiasm for the project, stating, “Israel is home to some of the world’s most brilliant technologists and has become Nvidia’s second home. This investment reflects our deep commitment to our families in Israel.” Huang’s words underscore the strong bond between Nvidia and Israel’s tech community, which has been fostered over the years through various collaborations and investments.
The new AI campus will serve as a hub for Nvidia’s artificial intelligence research and development, focusing on cutting-edge technologies such as natural language processing, computer vision, and machine learning. The facility will also provide a platform for Nvidia to work closely with Israeli startups and academia, driving innovation and entrepreneurship in the region.
Israel has long been recognized as a hub for technology and innovation, earning the nickname “Startup Nation.” The country’s unique blend of entrepreneurial spirit, highly skilled workforce, and government support has created a fertile ground for tech companies to thrive. Nvidia’s investment is a vote of confidence in Israel’s tech ecosystem, and it is expected to have a positive impact on the local economy and job market.
The $1.5-billion investment is one of the largest foreign investments in Israel’s tech sector, and it highlights the country’s growing importance in the global AI landscape. Nvidia’s decision to establish a major AI campus in Israel is a testament to the country’s expertise in AI research and development, as well as its highly skilled workforce.
The construction of the AI campus is expected to create thousands of jobs, both directly and indirectly, and will contribute to the growth of Israel’s tech industry. The facility will also provide a platform for Nvidia to collaborate with local universities and research institutions, driving innovation and advancing the field of AI.
Nvidia’s investment in Israel is not a new development. The company has been actively involved in the country’s tech scene for several years, with a number of acquisitions and partnerships under its belt. In 2019, Nvidia acquired Israeli startup Mellanox Technologies, a leading provider of high-performance networking solutions, for $6.9 billion. The acquisition marked one of the largest tech deals in Israeli history and demonstrated Nvidia’s commitment to the country’s tech industry.
The establishment of the AI campus is a natural progression of Nvidia’s involvement in Israel’s tech scene. The company’s decision to invest $1.5 billion in the project reflects its confidence in the country’s ability to drive innovation and advancement in the field of AI.
As the world becomes increasingly reliant on artificial intelligence, the importance of Israel’s tech industry is likely to grow. Nvidia’s investment in the AI campus is a significant milestone in the country’s journey to become a global leader in AI research and development. With its highly skilled workforce, innovative spirit, and favorable business environment, Israel is well-positioned to play a major role in shaping the future of AI.
In conclusion, Nvidia’s announcement to build a $1.5-billion AI data server farm in Israel is a significant development that underscores the country’s growing importance in the global tech landscape. The investment reflects the company’s deep commitment to Israel’s tech community and is expected to have a positive impact on the local economy and job market. As the project moves forward, it will be exciting to see the innovative solutions and advancements that emerge from this collaboration.
News source: https://x.com/RT_com/status/2003085479378620888
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